Job Information
McDermott Principal Accounting Administrator in Kuala Lumpur, Malaysia
Job Overview:
The Principal Accounting Administrator provides solutions to problems in situations that may be atypical or infrequently occurring based on practice and existing precedents or procedures. The work of the Principal Accounting Administrator directly impacts the quality of the work of the team. They can communicate technical Accounting information to the team and suggest improvements to existing processes.
Key Tasks and Responsibilities:
Assist the project accountant in the maintenance of internal financial control of the project
Ensure that invoices are rendered to clients on a timely basis according to contract terms and that project costs are properly processed and recorded
Responsible for client audit interface
Work with project procurement and subcontracts functions to report commitments amounts
Assist in the preparation of monthly and quarterly financial reports, including project cash flow and review with the project management team
In the absence of the project accountant, work directly with the project cost controls to prepare project cost reporting and review project profit estimates
Assist in updating the Cost and Commitment Tracking System
Align and Coordinate with other departments on project-related financial matters and maintain this interface throughout the life of the project
Assist the project accountant in the preparation of percentage of completion calculations
Provide inputs to the receivable’s accountant for the weekly cash forecast
Assist the project accountant in the review and analysis of costs charged to the project
Manage accounts payables processing for the project
Essential Qualifications and Education:
Bachelor’s degree in a related discipline is desirable as it aids in the comprehension of the job requirements
4-5 years of relevant experience
High proficiency in MS Excel
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